BNB price started a strong decline from the $260 resistance and is now attempting a recovery wave above the $215 level. A major bearish trend line is forming with resistance near $232 on the daily chart. If the bulls can clear the $230 and $232 resistance levels, the price could start a recovery wave and test $245. On the other hand, if the price fails to break above the resistance levels, it could start another decline and retest the $200 handle.
| Information | Details |
|---|---|
| Geography | Asia |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 9 |
| People | Peter Brandt, CZ, Kanchanara |
| Companies | Binance, Peter Brandt, TradingView.com, CoinChapter.com, None |
| Currencies | BNB, Bitcoin, Ethereum, USD, None |
| Securities | None |
